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<br />of this section from such moneys as are or may hereafter become <br />available to the Colorado water conservation board construction <br />fund. Said loans shall be in the amounts listed in subsection (1) <br />of this section plus or minus such amounts, if any, as maX be <br />just i fi ed by reason of ordi nary fl uctuat ions in construct i on costs <br />as indicated by the engineering cost indices applicable to the <br />types of construction required for each project or as may be <br />justified by reason of changes in the plans for a project if those <br />changes are requ i red by fi na 1 engi neeri ng drawi ngs and <br />specifications or by federal, state, or local governmental <br />requirements. . <br /> <br />(3) Contracts entered into by the Colorado water <br />conservation board pursuant to section 37-60-119 (2), Colorado <br />Revised Statutes, for loans to enable the construction of the <br />projects specified in subsection (I) of this section shall be <br />subject to the repayment peri ods and total repayments set foHh <br />therein; except that the total repayment for a project shall be <br />adjusted to refl ect any changes in the amount loaned by reason of <br />subsection (2) of this section. Pursuant td section 37-60~I20 <br />(I), Colorado Revised Statutes, the board shall require such terms <br />and conditions in such contracts as will ensure repayment of funds <br />made available by it. The board shall not disburse any moneys--for <br />any loan authorized by subsection (I) of this section unless and <br />until it is satisfied, in its sole discretion, that the recipient <br />of any such loan wi 11 be able to make repayment pursuant to [he <br />terms and conditions established by the boara and by subsection <br />(I) of this section. . . <br /> <br />SECTION 2. Project deauthorization. <br /> <br />~ <br /> <br /> Authorization Amount Amount <br />Proj ect Name Bill and Year Authorized Deauthorized <br />I. Jackson <br /> Reservoir SB 439-81 $ 125,000 $ 43,638 <br />2. Ridges Metro <br /> Di stri ct SB 439-81 2,866,000 922,109 <br />3. Town of Oak <br /> Creek EO 7/23/84 144,000 144,000 <br />4. Clark lake HB 1042-B5 500,000 72,058 <br />5. lemon Dam SB 15-87 162,900 162,900 <br />6. Moonlight <br /> latera 1 SB 30-88 100,000 100,006 <br />7. Wisconsin <br /> Ditch Company SB 30-88 16,050 16,050 <br />8. Town of Erie SB 90-41 1,050,000 1,050,000 <br />g. Clinton Ditch <br /> & Reservoir <br /> Co. SB 92-87 8,400,000 3,115,000 <br />10. loui svi 11 e <br /> Reservoir HB 1042-85 1,690,000 1,690,000 <br /> TOTAL i5,053,950 7,315,755 <br />PAGE 3-HOUSE Bill 93-1273 <br />